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Tuesday, April 26, 2011

We have already recommended PIDILITE INDUSTIRES to our PAID MEMBERS at 150 levels...NOW INDIA INFOLINE ( IIFL) recommends to BUY at 161 for TARGET 170

We have already recommended PIDILITE INDUSTIRES to our PAID MEMBERS at 150 levels...NOW INDIA INFOLINE ( IIFL) recommends to BUY at 161 for TARGET 170. " Daily chart of Pidilite Industries (Market cap:8,130cr, PE ratio:25) suggests formation of distinctive pattern, which signals short-term rally after closing on a new high yesterday. On Monday, the stock broke out with impressive volumes. We believe that the current breakout is likely to lead to a potential upside up to the levels of Rs170 and above. Technically, the stock is showing strength along with the momentum, and given the positive oscillators set-up, the stock could outperform as long as it sustains above short-term moving averages placed around Rs150. We recommend traders to buy the stock above Rs161 for a short-term target of Rs170. It is advisable to maintain a stop loss of Rs157." STAY AHEAD of others...JOIN SOKHI BUMPER OFFER. Rush ur mails to sokhitrading@gmail.com

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.